The government should tackle the Pension Protection Fund's £1.2bn deficit by halting automatic increases in compensation payments, a consultant says.
The cap on the compensation paid to scheme members - set to be reviewed later this month - has to date always increased in line with average earnings. Indeed, in the document Ten things you shou...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
